Money manager Mirae eyes big South Korea hedge funds push

South Korea's hedge fund industry could reach a size of around 40 trillion won ($35.8 billion) in the next two years now that the government is set to soon allow the products to be launched, a senior executive at the country's top mutual fund fi


Goldman Mulls Indonesian Brokerage

Goldman Sachs (GS.N) and Morgan Stanley (MS.N) are each in talks to buy an Indonesian brokerage firm to expand their reach into the hot capital market of Southeast Asia's biggest economy, sources with direct knowledge of the deals said on Monday.


Property Boom Spurs Billionaire Boom

China’s property and construction barons took top spots on a popular survey of the nation’s wealthiest individuals released Wednesday, despite Beijing’s efforts to cool the economy by clamping down on real estate speculation and cutting


New exchange may raise costs, volatility

A research paper prepared by Schroders Investment Management and RBC Capital Markets suggests that the launch of a new local stock exchange October 31 risks increasing investor costs and possibly increasing share market volatility, according to a report b